Southern Company (SO · NYSE)
SO · MARKET VIEW
Market view · as of Jul 20, 2026
Revenue (TTM)
$30.18B
+8.0% YoY
Gross margin
48.0%
EPS (latest q)
$1.32
vs $1.21 est · beat
52-wk position
84.8%
-2.5% vs 52w high · +3.6% 1mo
Price (last ~year)
Southern Company (SO) reported first-quarter 2026 revenue of $8.40 billion and earnings of $1.32 per share, exceeding analyst estimates of $1.21. While revenue grew 8.0% year-over-year, the company’s quarterly free cash flow was negative $1.72 billion, reflecting $2.94 billion in capital expenditures. The utility, which carries a $107.43 billion market capitalization and a 5.4x debt-to-EBITDA ratio, continues to focus on regulated earnings to support its operations.
Valuation
- Market cap
- $107.43B
- P/E
- 24.37
- PEG
- 2.606
- P/B
- 2.894
- P/S
- 3.56
- EV/EBITDA
- 12.57
- Beta
- 0.332
- Analyst target
- $101.45
Quality & returns
- Gross margin
- 48.0%
- Operating margin
- 25.8%
- Profit margin
- 14.5%
- ROE
- 11.0%
- ROA
- 3.2%
Price movement
- Last
- $95.30
- 1-month
- +3.6%
- 3-month
- +5.6%
- RSI (14)
- 46
- vs SMA200
- +4.8%
- 52-wk position
- 84.8% -2.5% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-03-31 | $8.40B | $2.02B | $1.36B | $3.92B |
| 2025-12-31 | $6.98B | $911.0M | $416.0M | $2.76B |
| 2025-09-30 | $7.82B | $2.59B | $1.71B | $4.29B |
| 2025-06-30 | $6.97B | $1.76B | $880.0M | $3.46B |
Recent news
- Somewhat-Bullish Georgia Power pledges to protect customer bills from data centers · 2026-07-20
- Somewhat-Bullish Southern Company stock holds steady as investors weigh dividend income and grid investment plans · 2026-07-20
- Somewhat-Bullish Fluor Corporation's 10 Top-Valued Projects Highlight EPC Giant's Role in Nuclear, Oil & Gas Markets · 2026-07-19
- Neutral Early morning crash causes power outage in Rincon · 2026-07-19
- Bullish Southern Company stock trades steady as regulated earnings and dividend support valuation · 2026-07-19
- Neutral NextEra Energy (NYSE:NEE) Outpaces Utilities as Merger Costs Come Into Focus · 2026-07-18
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)